Energy News

Energy for blockchain products is one of the main topics of discussion for the development process of the cryptocurrency industry. As Bitcoin mining is very demanding in terms of energy usage and has become even harder to do over time, Bitcoin’s proof-of-work algorithm has been altered in other, less consuming algorithms for new cryptocurrencies. Bitcoin’s influence on the energy sector is hard to overestimate. Bitcoin energy consumption is currently taking more energy than most countries on the planet. This is not just the reason for the large profits in the energy industry but also a warning for the environment, as it is a threat to the climate with an amount of 20 megatons of CO2 emission per year. The reduction of the energy consumption for cryptocurrencies is also an important task as government environmental policies may become an obstacle for the blockchain industry.
News
Beginning in April, the electronics giant and university R&D team will evaluate and tweak the new trading system's performance before commercialization.
Mitsubishi and Tokyo Tech create blockchain system for P2P energy trading
Marie Huillet
2021-01-18T09:42:44+00:00
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“The Woz” makes a big impression in the crypto space as his newly launched token WOZX records 26-fold gains after just five days of trading.
Steve Wozniak-backed token WOZX skyrockets ahead of second listing
Cyrus McNally
2020-12-09T04:04:45+00:00
27638
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A bi-directional charging scenario allows vehicle owners to sell excess power back to office buildings at a profit.
Blockchain-based EV charging trial gets $1M from Canadian government
Jack Martin
2020-11-13T11:45:29+00:00
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At what point will greening crypto energy consumption be enough?
Crypto mining is now drawing in the world’s top renewables producers
Marie Huillet
2020-11-05T10:32:22+00:00
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The IOTA blockchain finds a use case in industrial maintenance.
IOTA joins Japanese gov’t on blockchain-based maintenance project
Helen Partz
2020-10-27T13:55:00+00:00
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The German state-funded energy project uses DLT to enable transparent market transactions.
Siemens-backed blockchain energy platform showcases in Germany
Helen Partz
2020-10-22T14:42:49+01:00
5965
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The country seeks to innovate with help from a variety of Blockchain companies.
Germany looks to blockchain to help decentralize their energy economy
Benjamin Pirus
2020-10-13T17:46:00+01:00
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The Port of Rotterdam's Innovation Dock has been testing a high-frequency decentralized energy market for renewables since August.
Port of Rotterdam testing blockchain and AI for renewables trading
Marie Huillet
2020-10-06T12:27:41+01:00
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